Page 10 - Boris Pradhan

50 million duped: PACL director arrested in India's biggest Ponzi scam

PACL lured investors with land-for-deposit schemes and paid old investors with new funds, duping 50 million people across 10 states in a massive fraud

India should scale petrochemical capacity to counter China: Reliance

A Reliance official said India must boost petrochemical output, as China's refiners allocate 40 to 50% of their output to petrochemicals, more than double the proportion seen in India

Tesla to open first India store in Mumbai on July 15, with more to follow

US electric automaker Tesla's Mumbai showroom will mark its India entry, with Delhi and other cities expected to follow as part of its expansion plan

Amazon mulls another multibillion-dollar investment in Anthropic

Amazon is considering further investment in Anthropic to remain one of its top shareholders, ahead of Google, which has already committed over $3 billion

Meta hires Apple's top AI exec with pay deal exceeding $200 million

Meta offered over $200 million to recruit Apple's software engineer Ruoming Pang to its new superintelligence team, part of a broader push with unusually high compensation for top AI talents

Maharashtra polls were 'rigged', Bihar won't be, claims Rahul Gandhi

Congress leader Rahul Gandhi earlier alleged large-scale irregularities in the 2024 Maharashtra polls, calling the BJP-led alliance's win 'industrial-scale rigging'

Politicians in power should not consider themselves kings, says Madras HC

Observing that politicians think they have an unrestricted right to free speech, the court kept its suo motu case pending against K Ponmudi over a lewd joke involving Shaivite and Vaishnavite symbol

MNS workers held ahead of rally; Fadnavis says route not followed

While being detained, several MNS workers questioned the authorities' decision to allow protests by traders over the 'slapgate' incident while banning their counter-protest

Bharat Bandh on July 9: Over 250 million workers to join nationwide strike

A forum of 10 central trade unions have called for a strike on July 9 to protest privatisation of public enterprises, erosion of labour rights, and rising use of contractual workers

Sebi to upgrade surveillance against derivatives manipulation: Chairman

Sebi chief Tuhin Kanta Pandey said the regulator is boosting its oversight days after banning US-based Jane Street for manipulating the Nifty Bank index

China undermined Rafale jets to boost arms sales, says French intelligence

China used its embassies to cast doubt on French Rafale jets after India-Pakistan clashes in May, aiming to hurt Rafale sales and promote Chinese-made military aircraft

Pilot medical test mandate by DGCA sparks concern in aviation sector

The DGCA has mandated pilot medical exams should be conducted only at Indian Air Force centres; airlines warn this may lead to delays and pilot shortages due to stricter standards

Air India Delhi-US flight cancelled after snag during Vienna fuel stop

An Air India Delhi-Washington flight was cancelled in Vienna due to maintenance issues. Passengers were rebooked on other flights to Delhi or offered full refunds, based on their choice

Patna University uses lottery to assign principals, sparks academic ire

Five Patna University colleges received new principals via a lottery system. The unusual method saw a home science teacher assigned to head a commerce college

'Single most stupid rule': Delhi's fuel ban on old vehicles faces flak

Delhi's fuel ban on older vehicles sparked confusion and criticism as citizens compare it to Nordic policies lacking local infrastructure support

Delhi High Court revives Crocs' clog design claims against Bata, Liberty

The Delhi High Court revives Crocs Inc's lawsuits against Indian firms for allegedly copying its foam clog design, overturning a 2019 ruling that had dismissed the passing off claims

Trump's USAID cuts could lead to 14 million additional deaths, study warns

Cuts to USAID may reverse two decades of global health gains, causing 1.8 million deaths in 2025 alone and 14 million by 2030, The Lancet has warned

No fuel for old vehicles in Delhi from today: Here is what to know

The Commission for Air Quality Management (CAQM) has ordered petrol pumps in Delhi to stop fuelling diesel vehicles over 10 years and petrol vehicles over 15 years old, enforcing a Supreme Court ban

India should benchmark military spending at 3% of GDP, says EY report

The June edition of EY's Economy Watch recommended that India consider allocating 3 per cent of its GDP to defence spending, noting that the share of defence expenditure in GDP has gradually declined

Railways to prepare reservation charts 8 hours in advance: 5 things to know

Indian Railways will prepare reservation charts 8 hours before departure; the upgraded system can handle 150,000 bookings per minute, up from the current 32,000